News article

Statement of G7 Ambassadors on State Budget of Ukraine

G7 Ambassadors support 2016 State Budget and amendments to the Tax Code of Ukraine, and call on Rada Deputies to support them

This week, the Rada will vote on several key pieces of legislation, including the 2016 State Budget and amendments to the Tax Code of Ukraine. G7 Ambassadors have followed the process very closely over recent weeks. We commend and fully support the efforts of the Government to achieve a workable deal that is in line with Ukraine’s reform commitments under its IMF program. Passing a fiscally sustainable budget is vital for Ukraine’s economic health and stability as well as the continuation of financial assistance from Ukraine’s international partners.

G7 Ambassadors call on Rada Deputies to support the Government’s proposed package. The reforms to which Ukraine has committed in its IMF programme will be essential to restore economic stability and return Ukraine to a path to growth and prosperity. We call upon Rada Deputies to exercise their responsibilities carefully and not to jeopardise this programme.